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Daily Dispatches
TF Metals Report reflects on six years following the monetary metals
Submitted by cpowell on Fri, 2016-11-11 12:31 Section: Daily Dispatches12:34p ET Friday, November 11, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today reflects on his six years of following the monetary metals markets and provides some technical analysis, if you believe in that sort of thing. His commentary is headlined "Happy Brithday, TFMR" and it's posted here:
Trump believed considering former Goldman exec for Treasury secretary
Submitted by cpowell on Thu, 2016-11-10 19:41 Section: Daily DispatchesOn a General Election
The accursed power which stands on Privilege
(And goes with Women, and Champagne, and Bridge)
Broke -- and Democracy resumed her reign
(Which goes with Bridge, and Women, and Champagne).
-- Hilaire Belloc, 1923.
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Trump Staff Line Up for White House Jobs
By Eli Stokols
Politico.com, Arlington, Virginia
Meet the new boss -- same as the old boss
Submitted by cpowell on Thu, 2016-11-10 16:02 Section: Daily DispatchesTrump Team Contacted JPMorgan's Dimon for Treasury Role
By Dan Freed
Reuters
Thursday, November 10, 2016
A senior person on President-elect Donald Trump's transition team contacted JPMorgan Chase & Co. Chief Executive Jamie Dimon to see if he would be interested in being U.S. Treasury secretary, a person familiar with the matter said today.
Late-night buying parked huge amounts of rupees in gold
Submitted by cpowell on Thu, 2016-11-10 15:51 Section: Daily DispatchesBy Bella Jaisinghani
The Times of India, Mumbai
Thursday, November 10, 2016
MUMBAI -- The first refuge of all those who wish to put their ill-gotten gains to good use remains gold, and this was proved once more on Tuesday. Jewellery stores in certain localities remained open beyond midnight, allowing large cash transactions.
India's bank note ban to disrupt gold-smuggling business
Submitted by cpowell on Thu, 2016-11-10 11:58 Section: Daily DispatchesA thousand-rupee note is worth less than US$15. What makes the Indian government think that smugglers won't easily switch to US$20 bills?
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By Rajendra Jadhav
Reuters
Thursday, November 10, 2016
Torgny Persson explains fraud of bullion banking and its defense of fiat money system
Submitted by cpowell on Thu, 2016-11-10 10:54 Section: Daily Dispatches10:56a ET Thursday, November 10, 2016
Dear Friend of GATA and Gold:
The big scandal isn't government's market rigging but news media's ignoring it
Submitted by cpowell on Wed, 2016-11-09 13:25 Section: Daily Dispatches1:29p ET Wednesday, November 9, 2016
Dear Friend of GATA and Gold:
As Donald Trump's election as president of the United States became apparent last night, Dow futures collapsed as much as 800 points and gold rose more than $50. But by this afternoon the Dow was up about 1 percent and gold had fallen back to a gain of barely a dollar.
What calmed things down so much?
Canadian mint employee guilty of smuggling $138,000 of gold in rectum
Submitted by cpowell on Wed, 2016-11-09 12:32 Section: Daily DispatchesFrom the Canadian Broadcasting Co., Toronto
Wednesday, November 9, 2016
OTTAWA, Ontario, Canada -- A former Royal Canadian Mint employee has been found guilty of smuggling more than $100,000 worth of gold from the building on Sussex Drive -- apparently in his rectum, an Ottawa judge ruled this morning.
What will Trump's election mean for the monetary metals?
Submitted by cpowell on Wed, 2016-11-09 03:03 Section: Daily Dispatches3a ET Wednesday, November 9, 2016
Dear Friend of GATA and Gold:
Indian currency revocation seen pushing many into gold
Submitted by cpowell on Tue, 2016-11-08 16:17 Section: Daily DispatchesFrom the Press Trust of India
via The Times of India, Mumbai
Tuesday, November 8, 2016
NEW DELHI -- The jewellery industry today welcomed the government's decision to ban old 500- and 1,000-rupee notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes.
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